ITC Files Permit Application with Canada's National Energy Board for the Lake Erie Connector Project

ITC Lake Erie Connector, a wholly owned subsidiary of ITC Holdings Corp., filed a major permit application with Canada's National Energy Board (NEB) for the ITC Lake Erie Connector transmission line. The ITC Lake Erie Connector is a proposed 1000 MW, bi-directional, HVDC merchant transmission line that will provide the first direct link between the markets of the Ontario Independent Electricity System Operator (IESO) and PJM Interconnection (PJM). ITC anticipates receiving all state, federal, and provincial permits for the ITC Lake Erie Connector by Q2 2017, the commencement of construction in 2017, and commercial operation in 2019.